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- Today’s White House Tweets: President Trump
GDP growth during the four quarters of 2018 was the fastest since 2005. This Administration is the first on record to have experienced economic growth that meets or exceeds its own forecasts in each of its first two years in office. GROWTH is beating MARKET EXPECTATIONS!
2…………> Applied Global Warming: Murderous Cyclone Idai
The number of people killed as a result of Tropical Cyclone Idai and subsequent floods in Mozambique could exceed 1,000, the country’s President says, putting the potential death toll greatly more than current figures.
Heavy flooding struck Mozambique, Malawi and Zimbabwe, threatening south-east Africa’s main port, with confirmed 84 deaths as a result of the cyclone, which has also left a trail of destruction across Zimbabwe and Malawi, and vast areas of land flooded, roads destroyed and communication wiped out.
Caroline Haga, a senior International Federation of the Red Cross official who is in Beira, said the situation could be far worse in the surrounding areas, which remained completely cut off by road and where houses were not as sturdy.
The cyclone has also killed 98 people and more than 200 are missing in Zimbabwe, the government said on Monday (local time), while the death toll in Malawi from heavy rains and flooding stood at 56 as of last week.
Speaking on Radio Mocambique, President Filipe Nyusi said he had flown over the affected region, where two rivers had overflowed, villages had disappeared, and bodies were floating in the water.
No new numbers had been released following the cyclone’s arrival in Zimbabwe.
3…………> President Trump National Emergency Declaration: Legally & Constitutionally Correct
“President Trump’s veto Friday of a resolution blocking his declaration of a national emergency on the US,Mexico border showed that he understands he wasn’t elected to appease career politicians in the Senate”.
“When it comes to protecting the American people, Trump has made clear that there can be no compromise. He was elected, in part, to secure the southern border and protect American lives, and this action is fully within his constitutional powers,” former Arizona Governor Jan Brewer wrote.
4…………> Trump’s Job Market: Heating Up
“US employers posted nearly 7.6 million open jobs in January, near a record high set in November,” Christopher Rugaber reports for The Associated Press.
Openings began to outpace the unemployed last spring, for the first time in the 18 years the data has been tracked.
“The tally of available jobs now outnumbers the unemployed by roughly 1 million”.
5…………>Market Report for 03/17/2019, sell stop at 25750, CG 4610, 11/21/2019
Long position at 22900, sell stop at 25100 triggered for a gain of 1900 points, last position short 25050, cover short 25150 for a loss of 100 points, new position long 25150, sell stop closed at 25850 for a gain of 700 points, short position short 25850, covered at 25600 for a gain of 250 points. Long position long 25650, sell stop 25600 closed for a loss of 50 points. Short position 25550, covered short stop 25600 for a loss of 50 points. New position long 25600, sell stop 25750 for a gain of 150 points.
Stocks up 65 to 25914, DJ futures +4, rally continuing due to anti-tariff talks to end the government shutdown and China spending 1 trillion dollars to buy US products. Gold up to 1303.3.
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